Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract by Liaoning Tongyi Petrochemical Co. for the license and engineering design of grassroots OCT olefins-conversion units and Catofin dehydrogenation units at several of its sites in…
The Dow Chemical Company (Midland, Mich.; www.dow.com) has increased its monopropylene glycol (MPG) capacity by 15%, an additional 35,000 ton/yr, in the Stade, Germany plant after completion of an advanced energy improvement and technology optimization project. “The investment in our…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Ineos Industries Holdings Limited (Lyndhurst, U.K.; www.ineos.com) have announced their intention to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based…
ABB (Zurich, Switzerland; www.abb.com) and Baldor Electric Co. (Fort Smith, Ark.) have agreed that ABB will acquire Baldor in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement,…
Süd-Chemie AG (www.sud-chemie.com) and the Technical University of Munich (both Munich, Germany; www.tum.de) have formed a strategic alliance for catalysis research. In addition to basic research in the field of catalysis, a major aspect of this co-operation will be the…
Recognizing that oil exploration increasingly involves reservoir fluids at pressures and temperatures not previously encountered, Cambridge Viscosity (Medford, Mass.; www.cambridgeviscosity.com) and Schlumberger (www.slb.com) have formed a collaborative effort to define and develop viscosity standards appropriate for these new conditions. The…
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion (Houston; www.cricatalyst.com), a wholly owned subsidiary of Shell. Financial details of the transaction are not being disclosed. CRI/Criterion is a leading global…
Pointwise, Inc. (Fort Worth, Tex.; www.pointwise.com) announces the latest release of its Pointwise computational fluid dynamics (CFD) meshing software with a wide ranging set of new tools. The surface meshing formulation of the T-Rex (anisotropic tetrahedral extrusion) hybrid-meshing algorithm, first…
ABB (Baden, Switzerland; www.abb.com) and Holcim Switzerland have agreed to install ABB’s newly developed heat recovery and electrical power production system at Holcim’s cement plant in Untervaz, Switzerland. ABB’s state-of-the-art solution is based on the ORC (organic Rankine cycle) technology…
The Federal Ministry of Education and Research (BMBF; Bonn, Germany) has pledged €2.2 million in funds for a project by the BASF-supported Catalysis Research Laboratory (CaRLa; www.carla-hd.de) and hte AG (both Heidelberg, Germany; www.hte-company.de), a company in which BASF SE…